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with a deadline for the fiscal cliff now just four days away. >> president obama meets later today with congressional leaders in one last effort to make a deal before the deadline. major garrett is at the white house. good morning. >> reporter: good morning, rebecca and jeff. in just a couple of hours at the white house the president meets with all the key congressional leaders, top democrats harry reid and nancy pelosi leading republicans mitch mcconnell and john boehner. no deal can be reached in past without their cooperation. with the meeting comes a glimmer of hope. in the past all the ifisical cliff talks meetings like this have been the least productive of all. whether he meant to or not the senate majority leader may have spoken for a nation exhausted by seemingly endless fiscal cliff negotiations. >> what's going on here? >> reporter: what indeed. president obama returned to the white house in a grim mood. he met with no congressional leaders and said nothing about his efforts to avert the fiscal cliff, talks continue between senior white house and co
to the white house this afternoon to meet there with president obama. lawmakers are increasingly looking at the period following the december 31st deadline we're told to come up with a fix to avoid massive tax hikes and spending cuts, affect lives of nearly every american many economists say could plunge the economy into another recession. chief white house correspondent ed henry live with the latest. so in this meeting, ed, is there any hope they will accomplish anything? >> reporter: well it is pretty low expectations, jon. what we're expecting when you talk to top officials of both parties the president will offer a scaled back plan, something he laid out lines friday before christmas here in the white house briefing room before he went to hawaii. where he said look, we have to scale back expectations. basically just extend middle class tax cuts. don't worry about the rates for everyone else. secondly extend unememployment insurance for about two million people who will be losing it a few days from now at the end of the year. finally he refer to possibility of smaller bit ever spendin
history and barack obama was in his words and amateur. i spoke to two people who were at that meeting. when i heard that i said "the amateur" is the perfect title for this book. >> host: president clinton has denied publicly used that term. >> guest: he has denied it but hillary has told her friends that she suspected of all people, chelsea had told me about this. that is not true. i never met chelsea clinton but apparently chelsea has a reputation talking to friends in the middle of meetings with her parents but it was a confirmation that the meeting did take place and it was an accurate representation of what went on during the meeting. >> host: you talk about chelsea clinton's reaction to the 2008 presidential primary on the democratic side. >> guest: chelsea like bill, her father, they're very close, fell that the democratic nomination was practically stolen from her mother, that she deserved to be the presidential candidate, not barack obama, and the obamas had unfairly characterized her father, bill clinton, as a racist during the campaign. so she really wanted her mother to get
: i'm art article. 11th how-hour scrambling after a meeting with president obama and leaders from the house and senate with high noon fast approaching, president is pushing to seal the deal. >> modestly optimistic that an agreement can be achieved. nobody is going to get hundred percent of what they want. let's make sure that middle-class families and the american economy and in fact the world economy are not adversely impacted because people can do their can't do their jobs. >> arthel: now the latest. >> discussions are ongoing but we shouldn't expect any announcements before senators are briefed. key players are pretty tight-lipped. after a white house meeting yesterday, one of the top negotiators sounded hopeful. >> we had a longs meeting in the white house, very constructive. we hope that it will bear fruit. i think that the next 24 hours will be very instructive as to what we're able to accomplish. >> reporter: sources say john boehner referred to his senate colleagues and told them house leaders would consider their plan. one item raising the debt limit is not expected to be
obama on "meet the press." the notion that this was sloppiness, is that what it was? >> i don't think so at all. what troubles me is the mindset of the president that it reveals that the death of four americans is just something that with a few minor alterations you can clean up. that's what sloppiness employs that things are basically okay but a few mistakes were made by unnamed individuals. the fact is that the ideology of the administration, the world view they have is that things in libya were going fine, we were moving toward a normal status in that country and thrfort repeated requests by embassy tripoli for enhanced security were denied. and we still don't know, not from the state department's internal review panel. not from the reports that congress issues. why it was that the state department continually rejected these requests for more assistance that led to the tragedy on 9/11. it's a very disturbing statement by the president that reveals a lot more troubling aspects of the way our people overseas are being protected. rick: some good leads is how the president described the i
, the barack obama was, in his words, an amateur. i spoke to people at that meeting. when i heard that, i said, that's the perfect title for this book, "the amateur." >> president clinton has denied publicly that he has used that term. >> i will tell you an interesting story. he has denied it, but hillary has told his friends that she suspected that of all people, chelsea had told me about this. now, that's not true. i've never met chelsea clinton. but apparently she has a reputation for that. this meeting did actually take place and that wasn't accurate representation of what went on during the meeting. we also talked about chelsea clinton's reaction. >> chelsea clinton felt that the democratic nomination is practically stolen from her mother, that she deserved to be the presidential candidate, not barack obama. and that the obama's had characterized her father, bill clinton has a racist during the campaign. [inaudible] >> aren't all presidents amateurs when it comes to office >> i think most are, but i don't think dwight eisenhower once. i don't think lyndon johnson was an amateur when he in
-stakes meeting at the white house between president obama and congressional leaders on the fiscal crisis. the talks are a last-ditch effort to avoid spending cuts and tax hikes from 90% of american households. mike emanuel is live on capitol hill where all the action is taking place. is there a lot of action? there is a lot of buzz on capitol hill. mitch mcconnell, who will be attending a white house meeting told us a few moments ago that we are always the running out of time. chairman max baucus, the democrat says that he thinks this will fiscal cliff matter comes down as one white house meeting two hours from now. another top senate republican said a short time ago that he was calling on president obama to lead. >> the president is not a senator anymore. he's a president. just as president reagan worked to deal with tip o'neill and bill clinton and president eisenhower, we need leadership on not just taxing rich people, but we contact them and it wouldn't help the medicare fiscal cliff. greg: others are skeptical, noting that high-profile meetings are for show often times and all about
for a meeting with president obama, trying to strike a deal with just four days to go. getting lost in the rhetoric are everyday americans like my next guest, she says washington needs to know how important the fiscal cliff is to those who are out of work, specifically to the 2 million americans who will lose their federal unemployment benefits an average of about $300 a week if no deal is reached. >> good morning. >> you were laid off a year ago. tell us your story. >> well, yes, i was laid off a year ago around this time in december. and i received employment so i've been trying to look for a job which has been very difficult, on the internet every day. i also tried to start my own small business in the same field, janitorial services, which the whole thing of not having any money has caused a great hardship because i'm unable now to finance my business as well or get a small business loan because i don't have a job. >> $300, i just want to jump in, i apologize for cutting you off $300 a week doesn't get you very far to the point of financing a business. how much did this cover ju
obama met with congressional leaders for several hours at the white house today to try to hammer out a deal before taxes go up on more than 160 million americans. after the meeting, the president presented a new plan to avoid the cliff and said he was modestly optimistic. >> we had a constructive meeting today. senators reid and mcconnell are discussing a potential agreement where we can get a bipartisan bill out of the senate over into the house and done in a timely fashion so that we met the december 31st deadline. given how things have been working in this town we have to actually wait and see until it actually happens. the one thing that the american people should not have to wait and see is some sort of action. so if we don't see an agreement between the two leaders in the senate, i expect a bill to go on the floor. and i have asked senator reid to do. this put a bill on the floor that makes sure that taxes on middle class families don't go up, that unemployment insurance is still available for 2 million people, and that lays the groundwork then for additional deficit reduction
Search Results 0 to 9 of about 10 (some duplicates have been removed)